News Coverage | Newsroom | Cox Automotive

Cox Automotive Makes Bold Move with Subscription Services 09/12/2018 CBT Automotive is speaking today with Cox Automotive members: Joe George, president of Mobility Solutions, David Liniado, vice president of New Growth and Development, and Vince Zappa, president of Clutch Technologies to discuss the future of the automotive industry, and find out what consumers really want. Cox Automotive is expanding their business model to include a new branch of the automotive industry, vehicle subscription services. By acquiring… Read Article

Mobility Solutions Group News Coverage

Jonathan Smoke Discusses Q3 Auto Sales and Market Outlook for the Remainder of 2021 10/14/2021 CBT News, Oct. 14, 2021 – We continue to hear news of record pricing across the industry, so on today’s show, we’re learning where things stand today. Host of Inside Automotive Jim Fitzpatrick is pleased to welcome Cox Automotive Chief Economist Jonathan Smoke to discuss third quarter auto sales and he’ll also give us a market outlook as we wrap up 2021. Smoke says we haven’t… Read Article

News Coverage Smoke on Cars

Podcast: Cox Automotive Mobility to Host Inaugural EV Battery Summit 09/23/2021 Auto Remarketing Podcast, Sept. 23, 2021 – In this special sponsored episode of the podcast, Joe Overby is joined by Lea Malloy, who is head of EV battery solutions at Cox Automotive Mobility, to discuss the first-ever Cox Automotive Fall Expo. The event, which will be held online Sept. 27-30, includes the Executive Thought Leadership event and the EV Battery Summit. More information is available at www.coxautoinc.com/fallexpo/.… Read Article

News Coverage

Cox Automotive’s Brian Finkelmeyer on New Vehicle Inventory and What Dealers Should Focus on 09/22/2021 CBT News, Sept. 22, 2021 – As demand continues to climb alongside inventory concerns, could you be doing more to get ahead of it all? Brian Finkelmeyer, senior director of new car solutions at Cox Automotive, joined Jim Fitzpatrick to discuss practices dealers can implement today and what they should be paying attention to. Finkelmeyer says it’s a remarkable time for dealers across the country, as… Read Article

News Coverage

Cox Automotive’s Charlie Chesbrough Reveals Forecast for Q4 and How Car Dealers Can Prepare 09/17/2021 CBT News, Sept. 17, 2021 – The shortage of new vehicle inventory has led to a decline in sales and an uptick in stress for many of you. Cox Automotive is reporting that August was the fourth consecutive month of slowing sales for new vehicles. On this episode, Charlie Chesbrough, senior economist and senior director of Industry Insights at Cox Automotive, joins Jim Fitzpatrick to walk us… Read Article

News Coverage

Podcast: Cox Automotive’s Jonathan Smoke at Non-Prime Auto Financing Conference 09/01/2021 Auto Remarketing, Sept. 1, 2021 – A few moments after his keynote presentation at the 25th Non-Prime Auto Financing Conference hosted by the National Automotive Finance Association, Cox Automotive chief economist Jonathan Smoke sat down with senior editor Nick Zulovich for a wide-ranging conversation. Smoke recapped the highlights of his presentation, including a popular song from the 1980s to summarize what’s happening in the finance, retail… Read Article

News Coverage

Podcast: NextGear President on ‘The Way Forward for Independent Dealers’ 08/30/2021 Auto Remarketing, Aug. 30, 2021 – During last week's NIADA Convention in San Antonio, NextGear Capital president Scott Maybee joined the Auto Remarketing Podcast in one of the first in-person episodes of the show in over a year. In this episode, Maybee and Auto Remarketing senior editor Joe Overby discuss "The Way Forward for Independent Dealers," how an increasingly digital environment impacts companies like NextGear and much more.… Read Article

News Coverage

A New Wholesale World: Cars Easier to Locate 08/09/2021 The speed of change in automotive retail and wholesale has been remarkable in the last couple years. Most of the focus on the wholesale side has been on digital sales, as auction companies such as Cox Automotive's Manheim had to switch to online sales almost overnight because of the pandemic. But while that shift was taking place, Manheim was also marching forward with a large undertaking that company… Read Article

News Coverage

What the Latest Manheim Used Vehicle Value Index Reveals About the Used Car Market – Jonathan Smoke, Cox Automotive 08/06/2021 CBT News, August 6, 2021 – On today’s show, Jim Fitzpatrick is pleased to welcome Jonathan Smoke, Chief Economist for Cox Automotive. He discusses the Manheim Used Vehicle Value Index and the used-vehicle market. The Manheim index tracks what’s selling at Manheim. The monthly value report reflects the average price dealers are paying for used vehicles at auctions. It allows analysts to see, what car dealers are paying… Read Article

News Coverage

At the Manheim Auto Auction, Used-Car Prices Rise to Record Highs 07/26/2021 The Philadelphia Inquirer, July 26, 2021 – Anybody shopping now for a vehicle knows it is a seller’s market. A shortage of new cars has rippled out and created a frenzy in the used-car market. The prices of some used vehicles have soared above the original sticker price. It’s crazy. “We’ve never seen anything like this,” said Matt Trapp, a regional vice president for Manheim Auto… Read Article

News Coverage

Cox Automotive and Penske Jointly Develop Automated Vehicle Retailing Platform for Online Car Buying 07/26/2021 CBT News, July 26, 2021 – Penske Automotive Group and Cox Automotive have debuted an industry-first automated digital retailing platform for vehicle sales. Joining CBT News today to discuss this development is Marianne Johnson, Chief Product Officer at Cox Automotive, alongside Mike Barrington, who is the Senior Vice President and Business Leader of Digital Commerce and Retail Transactions at Cox Automotive as well. Kelly Mulroney, Senior… Read Article

News Coverage